Frogster Management Appoints New Managing Directors for Frogster Online Gaming GmbH

Berlin, 29.10.2010: The executive board at Frogster Interactive Pictures AG has appointed Seth Iorio, Dominic Scheve and Daniel Ullrich Managing Directors of Frogster Online Gaming GmbH with immediate effect. This step marks the completion of a restructuring of personnel which was started in spring this year and is intended to support the continued development of the company.s current top title, 'Runes of Magic', as well as ensuring a smooth and successful launch of the upcoming Triple-A titles, 'Mythos' and 'TERA'.

As part of the reorganized management team, Seth Iorio assumed responsibility for the technical and customer-focused areas of the company.s operations at the start of October. His scope of responsibilities covers customer care, community management, payment and fraud management, localization, programming, and IT. The finance, human resources, legal affairs, and administrational departments will be led by Dominic Scheve from now on. Daniel Ullrich is now in charge of product management, marketing, product PR, graphics and web design, as well as quality assurance and game improvement. The three new Managing Directors of Frogster Online Gaming GmbH have also been appointed Vice Presidents of Frogster Interactive Pictures AG with the same areas of responsibility.

Seth Iorio came to Frogster from Gameforge on his own initiative, taking on the role of VP Customer Relations&Technology. Prior to this, Seth Iorio, who holds a diploma in business management, was VP of Business Development and authorized representative responsible for Customer Communications and Marketing at Frogster's new principal shareholder. Dominic Scheve has been working for Frogster since 2006 and became Vice President of Finance at Frogster Interactive Pictures AG in early 2009 after successfully completing his Masters in Business Administration (MBA). Daniel Ullrich started at Frogster in 2006 as a member of the management team at OnlineWelten GmbH. In his position as Director of Product Management, he has played a decisive role in the successful launch and ongoing operation of the successful title 'Runes of Magic', since 2008. The qualified Project Management Economist (VWA) was appointed Vice President Operations at Frogster Interactive Pictures AG in August 2010.

"Never before has the management level directly beneath the executive board been led by a team of such experienced and professionally qualified managers. We see this as a large stride forward in providing our customers with an optimal entertainment experience, especially related to the launches of our top titles, 'Mythos' and 'TERA', in 2011", commented Christopher Gerlinger, CEO of Frogster Interactive Pictures AG, on the appointments of Seth Iorio, Dominic Scheve and Daniel Ullrich.

Contact

Frogster Interactive Pictures AG

Axel Schmidt

Director Corporate Communications

Hardenbergstr. 9A¡¤ 10623 Berlin¡¤ Germany

Tel +49 (0)30-28 47 01 44

Fax +49 (0)30-28 47 01 11

Cell +49 (0)171-34 78 460

Mail aschmidt@frogster.de

Web www.frogster.de

Frogster - We take you to a new world!

The Frogster group is a Berlin-based, listed publisher of online games. Frogster focuses on the marketing and operation of virtual worlds, so-called massively multiplayer online games . one of the strongest growing sectors in the entertainment industry. With its top titles .Runes of Magic. and .Bounty Bay Online. Frogster has already gathered over 5 million registered players worldwide. For a release in 2011 Frogster has just recently announced the two highly ambitious MMO games .TERA. and .Mythos.. Frogster also intends to enter into the rapidly growing market of browser and social games with .Bounty Bay Live., .Throne of Fire. and .Runes of Magic . The Challenge. for Facebook shortly. Currently the Frogster group employs more than 200 staff members in the fields of game development, licensing, IT, web design and web development, product management, marketing, PR, web publishing, community management, support, sales, hosting, billing and finance/administration. Frogster.s subsidiaries Frogster Online Gaming, Frogster America, Frogster Asia and Frogster Pacific market and operate their games in Europe, America, Asia and Oceania respectively. In 2008, Frogster was awarded as .Landmark in the Land of Ideas., an initiative under the patronage of the German Federal President. The shares of the Frogster Interactive Pictures AG have been listed in the Entry Standard segment of the Frankfurt stock exchange since February 2006. Internet: www.frogster.de


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